Corporation Bank of India

The name of Corporation Bank is synonymous with one of the leading public sector banks in India. It was started in the year of 1906 when this was an initiative taken to finance businessmen and commercial enterprises. This was a bank that loaned out funds to people who wished to invest in various sectors for profitability and growth. Though in the days of the British rule when the bank started it was far more localized in its operations presently it has an all India presence with an extensive network of branches and retail banking outlets. It has been known to have impeccable standards of customer care and financial services over the years. There are several modern facilities that are available along with innovation of newer advantages which has made banking with them far more convenient.

There is a huge success that Corporation Bank has scripted for itself over the years of its steady growth as one of the favored banks among its customers. There has been an average business of Rs. 72000 crores that the bank has covered. It has a huge network with a strong human resource of over 12,000 employees working for it. There is an increasing popularity that Corporation Bank shares with job seekers and recruitment consultants. There are all India banking examinations held on the basis of which selections are made for candidates to work for the bank. You can log in to the official website link of the bank for the display of results and even information of any forthcoming examinations that will be held.

There is a new level of efficiency that Corporation Bank has initiated with netbanking facilities. There is a CorpNet service that is started by the bank which includes an array of internet banking facilities like corp-e-check. This is a combination of internet banking and electronic money transfer facilities. There is a steady growth of activities and facilities that is seen to be extended in the annual reports of the bank each year. There is an all India presence that it has built for itself with multiple branches in important and busy cities of the country. you will find several branches of Corporration Bank in your area in cities like New Delhi, Kolkata, Mumbai, Chennai, Bangalore, Hyderabad, Pune, Noida, Gurgaon, Goa and Thane among many others. There are overseas offices and retail banking branches that have also been established in the USA. These are mainly aimed at providing banking services for NRI clients.

Indian Popularity of Corporation Bank

The availability of easy and convenient netbanking facilities brings the bank right at the tip of your fingers. No matter where you are in the convenience of your home or at work there is no stopping your important bank work. There is an easy access to bill payments and transfer of funds to other accounts and even payments to other people that are all available from the desktop or laptop personal computer. Neither do you have to go to the branch or to the drop boxes anymore nor wait in long queues of people. no late payments and penalties when these are done almost instantly and within time. there is complete of every kind of information about the bank that is available on the website. You can locate your nearest ATM counter or even the branch of the bank. Details are available with complete addresses and contact details which make your work easier. Take a look at the latest updates for all interest rates that are available with the bank.

The bank that started in the year 1960 was nationalized in the year 1980. As a nationalized bank it has performed all its duties of living up to the changing demands of the reforms that have taken place in the financial sector of the country. The bank has always partaken in the changes that have taken place in the Indian economy. It is the second public sector bank in the country to make an entry into the capital market.

Corporation Bank was the first to introduce Cash Management Services. There are facilities like an online approval for education loans, M- Commerce, Gold Banking and 100% CBS Compliance among several other services. Now you can consider buying that dream home of yours with easy to access loans that are available from the bank. There is scope with this facility that will enable you to invest in the perfect property in India that is available today. There is an endeavor to take the bank even to the remote areas of the country. Plans are in process and even attempted in many areas for low cost operations with the help of modern technology. This is done with the aid of branchless banking operation plans that are unique and yet very helpful.

When the bank started its operation in 1906 there was a very restricted capital of not more than Rs. 5000. At present and after years of its silent and steady growth there are more than 2000 retail banking outlets available in different parts of the country and even abroad. The bank reaches out to a wide spectrum of customers across different income groups and coming from varied walks of life. The bank is now set on a new target achievement of crossing its present annual business turnover.

Here is a list of some of its services that are available for all.

Savings Accounts

Term Deposit Schemes

Loans

Credit and Debit Cards

Corporate Banking

NRI Banking Services

Other Modern Banking Facilities

Corporation Bank Branches

Here is a list of the contact numbers of the zonal offices throughout India.

New Delhi - (011) 25763661,2572124

Kolkata - (033) 22454653,22290103

Mumbai - (022) 22027957,22832634

Chennai - (044) 28521155,28523104

Bangalore - (080) 25580547, 25595878

Hyderabad - (040) 23298185,23234270

Gurgaon - 0124-6324386,6324574

Pune - 020-26342533

Goa - (0832) 2225482,2417920

Through the years of its growth Corporation Bank has extended its friendly assistance to both the rural and urban zones of the country. It pledges to continue its work in the same way and even improve through the years to come.